Pacific Industrial Partners, based in Encino and Newport Beach, has changed its name to Hager Pacific Properties to better reflect its goals and activities.

“Although we are still primarily interested in industrial properties, we believe the new name reflects the firm’s growing receptivity to all kinds of real estate opportunities,” says Robert Neal, executive vice president and one of Hager Pacific’s three owner-managers.

“Our firm does not desire to be the biggest real estate owner in Los Angeles or Orange counties, but we do want to be able to say that the properties we own are in better condition and serve the community more effectively after we bought them than before,” observed David Hager, president and founder of the firm which has a staff of 75.<

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